$950,000
For Sale

506 W Cheyenne Road

Colorado Springs, CO 80906
2379 sqft | 4 beds | 2 baths | #4815857
Browse 29 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Thank you for your interest in this unique property in a desirable part of Colorado Springs. It is not uncommon to find a home with a cottage (ADU) on the lot, but it is rare to find a single-family home with a 4-plex and a second detached 2-car garage that can be rented out for cash flow. In the South half of the lot there is a 4-bedroom, 2-bath single-family home with two-car garage and huge fenced back yard and large front yard. In the rear of the lot, there is a 4-plex with four 1-bedroom, 1-bath units, a detached two-car garage and a large open space. Live in the front house and let the 4-plex rental units and detached garage fund your lifestyle, or rent out all five units, plus the detached garage to maximize cash flow.

  • Interior Details
      • Bedrooms4
      • Bathrooms2
      • Full Baths2
      • Total Baths2
  • Property Details
      • Exterior FeaturesMasonite Type, Stucco, Wood
    • Measurements
      • Square Feet2379
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1954
    • Material information
      • RoofOther
  • Community and Neighborhood Details
      • RegionColorado Springs
      • School DistrictCheyenne Mtn-12
      • CountyEl Paso
  • Other
      • MLS #4815857

Location

Laura Karan | RE/MAX Real Estate Group IncReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00